2 tubes is supply and return. 3 tubes is supply, return and vent. Back in the day, the caps were vented. This let fumes into the atmosphere as fuel expanded and contracted with ambient temperature. Third tube was added to capture fumes in a vapor canister, which was purged by being connected to engine vacuum, so the fumes got burnt through the engine.
If you go with 2 tubes, you need to use an older vented gas cap, or drill a 1/16" hole in an unvented gas cap.